DFCCIL to Issue RFQs for 20 Gati Shakti Cargo Terminals in 2024

02 Jul 2024 CW Team

The Dedicated Freight Corridor Corporation of India Limited (DFCCIL) has announced plans to float Requests for Qualification (RFQs) for the establishment of 20 Gati Shakti cargo terminals in 2024. This initiative is part of the government's Gati Shakti Master Plan aimed at enhancing logistics infrastructure and boosting freight transportation efficiency across India.

The Gati Shakti cargo terminals will be strategically located along the dedicated freight corridors to facilitate seamless movement of goods and enhance connectivity between major industrial hubs and ports. These terminals are expected to play a pivotal role in reducing logistics costs, improving supply chain efficiency, and promoting economic growth by expediting the transportation of goods.

DFCCIL's decision to issue RFQs underscores its commitment to accelerating the development of critical infrastructure projects that support the Gati Shakti initiative. The RFQ process will invite bids from interested parties to participate in the development and operation of these cargo terminals, ensuring robust private sector involvement and expertise in logistics management.

The establishment of 20 Gati Shakti cargo terminals aligns with India's vision to build world-class logistics infrastructure capable of handling diverse cargo volumes efficiently. It reflects the government's proactive approach towards enhancing transportation infrastructure, stimulating trade, and bolstering India's position as a global logistics hub.

Overall, the planned RFQs for Gati Shakti cargo terminals mark a significant milestone in advancing India's logistics infrastructure, paving the way for enhanced connectivity and economic growth through streamlined freight transportation networks.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..